MSC Industrial grants Walter Siegel 2,282 options
The options become exercisable in installments through November 3, 2030; RSUs vest on the same dates subject to continued employment.
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Rhea-AI Filing Summary
MSC Industrial Direct Co Inc (MSM) reported that Walter Siegel, SVP, Gen Counsel & Corp Sec, was granted 2,282 options and 1,097 restricted stock units (RSUs) on November 3, 2026. The options have a $120.30 per-share exercise price and become exercisable in installments from November 3, 2027, through November 3, 2030. The RSUs vest over the same dates, provided he remains continuously employed through each applicable vesting date; vested shares are delivered upon vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (right to buy) F1, F2 | 2,282 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units (RSU) F3, F4 | 1,097 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common Stock").
- F2. An option to purchase 2,282 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2023 Omnibus Equity Plan. 570 shares of Common Stock become exercisable on each of November 3, 2027 and November 3, 2028, and 571 shares of Common Stock become exercisable on each of November 3, 2029 and November 3, 2030.
- F3. Each RSU represents a contingent right to receive one share of Common Stock.
- F4. 1,097 RSUs were granted on November 3, 2026. 274 RSUs vest on each of November 3, 2027, November 3, 2028, and November 3, 2029, and 275 RSUs vest on November 3, 2030, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
Key Figures
Key Terms
2023 Omnibus Equity Plan financial
Restricted Stock Units (RSU) financial
contingent right financial
exercisable financial
FAQ
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How many options and RSUs did Walter Siegel receive from MSM?
What is the vesting schedule for Walter Siegel’s MSM awards?
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